MUScoop

MUScoop => The Superbar => Topic started by: muwarrior69 on June 18, 2017, 11:01:58 AM

Title: Powerball, Mega Millions to drop Illinois due to state’s budget crisis
Post by: muwarrior69 on June 18, 2017, 11:01:58 AM
http://chicago.suntimes.com/news/powerball-mega-millions-to-drop-illinois-due-to-states-budget-crisis/

Title: Re: Powerball, Mega Millions to drop Illinois due to state’s budget crisis
Post by: Pakuni on June 18, 2017, 11:50:06 AM
One less way for the poor to be duped out of their meager incomes.
Title: Re: Powerball, Mega Millions to drop Illinois due to state’s budget crisis
Post by: PBRme on June 18, 2017, 12:25:30 PM
+1

Probably adds several million to Indiana and Wisconsin collections
Title: Re: Powerball, Mega Millions to drop Illinois due to state’s budget crisis
Post by: B. McBannerson on June 18, 2017, 12:46:17 PM
One less way for the poor to be duped out of their meager incomes.

Would accomplish that much better by banning Ng alcohol and cigarette sales.
Title: Re: Powerball, Mega Millions to drop Illinois due to state’s budget crisis
Post by: jutaw22mu on June 18, 2017, 02:03:05 PM
Crap!  I'm moving to Illinois at the end of July. How bad is the budget crisis? 
Title: Re: Powerball, Mega Millions to drop Illinois due to state’s budget crisis
Post by: GooooMarquette on June 18, 2017, 02:13:36 PM
Crap!  I'm moving to Illinois at the end of July. How bad is the budget crisis?

From an article in Bloomberg:

"We are probably approaching that point of impaired ability to function at basic level,” said John Humphrey, the Chicago-based head of credit research for Gurtin Municipal Bond Management, which oversees about $10.1 billion of state and local debt and has steered clear of Illinois. “We’ve already probably passed that point. We haven’t seen this in a modern state before.”

https://www.bloomberg.com/politics/articles/2017-05-31/illinois-budget-crisis-is-about-to-get-even-harder-to-resolve

Their state bonds are rated as just marginally more secure than junk bonds....
Title: Re: Powerball, Mega Millions to drop Illinois due to state’s budget crisis
Post by: warriorchick on June 18, 2017, 06:29:30 PM
Crap!  I'm moving to Illinois at the end of July. How bad is the budget crisis?


We told you before to move to Wisconsin and commute to Illinois.
Title: Re: Powerball, Mega Millions to drop Illinois due to state’s budget crisis
Post by: jesmu84 on June 18, 2017, 06:35:18 PM
Would accomplish that much better by banning Ng alcohol and cigarette sales.

Alcohol and cigarettes "dupe" people out of their money?

Rich people don't drink?
Title: Re: Powerball, Mega Millions to drop Illinois due to state’s budget crisis
Post by: Pakuni on June 18, 2017, 07:23:40 PM
Would accomplish that much better by banning Ng alcohol and cigarette sales.

But then how would you, Chico's and Hoopaloop host a beer summit?
Title: Re: Powerball, Mega Millions to drop Illinois due to state’s budget crisis
Post by: jutaw22mu on June 18, 2017, 09:17:33 PM

We told you before to move to Wisconsin and commute to Illinois.

I'm not buying a house yet. Going to rent for a year beforehand.  When I buy a house it will certainly be in WI!